Chen, Xiaoshan; Lazarakis, Spyridon; Varthalitis, Petros - 2023
-2020 period. We use this model as a vehicle to study fiscal consolidation policy and reforms of EA fiscal targets. We find that …-country disparities. We find that a fiscal consolidation scenario that mimics the current EA institutional arrangements, i.e., the … make more affordable fiscal consolidation for the large proportion of households in the Periphery, e.g., it reduces the …